Low Cost iPhone Possibly in the Works

Apple’s chief officers Peter Oppenheimer and Tim Cook sat down with RBC Capital Markets analyst Mike Abramsky earlier this week for a discussion, and the topic of an inexpensive iPhone was once again brought up. When questioned about the rumored low-cost device, the execs noted that “Apple’s primary criterion for launching a lower-end iPhone is an innovative, category-killer experience.” While this certainly doesn’t confirm or deny the possible future existence of a cheaper iPhone, it does prove that such a device is on Apple’s mind.

With the price of internal components dropping, and power increasing rapidly, a low cost iPhone released later this year could still pack enough oomph to compete with current-gen devices. Keep in mind that the current iPod Nano is more powerful than an iPod Touch 2G.

[Wall Street Journal]

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